Napster is bumping its monthly subscription price tag by 30 percent, and warning users in advance.
The company alerted subscribers of the increases in a recent email. “We wanted to let you know about an important pricing change to your Napster membership,” the letter stated. “For the first time in over four years, we are increasing the Napster monthly subscription fee from $9.95 to $12.95.”
The changes go into effect next month, though existing subscribers can retain their rates by jumping into an annual plan. The yearly cost of $199.40 translates into a $9.95 monthly cost, though the longer-term agreement limits flexibility.
Just recently, Napster disclosed subscriber totals of 750,000 for the quarter ending September 30th. That represented an increase from year-ago figures of 518,000, and a slide from the previous quarter.